About this Property
No. 5 unit Apartment Building in Marabella For Sale TT$ 6M/US$900K
Apartment building for Sale!
The property is located in Marabella, a residential area. Fully tenanted, and generating a total monthly income of TT$20,000, which can provide a steady source of revenue for the prospective buyer. There is a mix of apartment sizes, with one unit having 3 bedrooms and the remaining four units are 2-bedroom apartment units. This diversity can attract different types of tenants.
Conveniently located to many amenities, access to all essential services and facilities are within minutes.
Investing in a fully tenanted property with a consistent income stream can be an attractive opportunity for buyers interested in income-generating real estate.
Parking on compound
Contact Carolyn 765-7677 for further information
About the Region
Marabella is a former town in southern Trinidad, between San Fernando (to the south) and Pointe-à-Pierre (to the north). Early 19th century maps highlighted it as Marabella Junction because of the Railway intersection to Williamsville and other central areas. Originally a separate town, it was incorporated into the City of San Fernando in the 1990s. Marabella was home to the Union Park Turf Club (a horse racing venue) later converted to the Manny Ramjohn Stadium, one of the five major stadiums in Trinidad and Tobago. Nicknamed "The City That Never Sleeps," the city is always active as its nightlife of food vending and bars goes almost 24/7. Marabella provides a melting pot for the wide ethnic groups to "lime" and "ole talk" Marabella's location near the Solomon Hochoy highway and Southern Main Road makes accessibility to all parts of Trinidad easy. This accessibility combined with its commercial infrastructure makes Marabella a prime residential area. Today it is referred to as the 'Commercial Hub of Southern Trinidad'. Marabella has supermarkets, pharmacies and many more readily available.
Mootoo Lands is located in Marabella in the South West region of Trinidad. It is a residential area and the community is very traditional and easy going.
San Fernando, officially the City of San Fernando, is the most populous city and second most populous municipality in Trinidad and Tobago, after Chaguanas. Sando, as it is also known, occupies 19 km² and is located in the south western part of the island of Trinidad. It is bounded to the north by the Guaracara River, the south by the Oropouche River, the east by the Sir Solomon Hochoy Highway, and the west by the Gulf of Paria. The former borough was elevated to the status of a city corporation on 18 November 1988. The motto of San Fernando is: "Sanitas Fortis" - In a Healthy Environment We Will Find Strength. Many local Trinidadians refer to the city with the shortened name "Sando." San Fernando is called Trinidad and Tobago's "industrial capital" because of its proximity to the Pointe-à-Pierre oil refinery and many other petrochemical, LNG, iron and steel and aluminium smelters in places such as Point Lisas in Couva, Point Fortin, and La Brea. The city is well known for its wide array of shopping facilitates located in the heart of San Fernando. Services offered are that of Police, fire, banking, transport, jewellery repairs etc. Many citizens visit San Fernando for the night life which consists of restaurants, street food and the many party clubs readily available. The city has one of the most visited fish depot which attracts vendors from all over Trinidad. The San Fernando Hill is a main tourist attraction because of the view it provides of Trinidad. Many newlyweds visit this location to bask in its ambience and take wedding photos. The outer part of San Fernando is well known for its malls and cinemas which attracts both tourists and citizens which makes shopping here an integrated experience.